Students at a large southwestern university are polled to determine the optimal price for season football tickets. Seventy-five percent of the 5,000-student sample say they are willing to pay $250 for eight home games. The sampling error is 6 percent. What kind of information can be gleaned from this survey? Only 5,000 students attend the university. The majority of students are willing to pay less than $250 for season tickets. The actual percentage of students who support this price ranges from 69 to 81 percent. Students will pay the same price for away games